Spirulina Beverages Market Size, Share & Trends Analysis Report By Product Type (Solid Beverage and Liquid Beverage), By Distribution Channel (Hypermarket and Supermarket, Online Retail, and Others), Region And Segment Forecasts, 2023-2031.

Report ID : 1139 | Published : 2023-07-08 | Pages: 180 | Format: PDF/EXCEL

The Spirulina Beverages Market Size is valued at 20.0 Million in 2022 and is predicted to reach 44.8 Million by the year 2031 at a 9.5 % CAGR during the forecast period for 2023-2031.

Spirulina Beverages Market

Spirulina is a high-value nutritional product whose market potential is growing in both developed and developing countries. Owing to its high protein, vitamin, mineral, and micro-nutrient content, Spirulina is an ideal food supplement for the malnourished as well as the health-conscious who wish to boost their immune systems. Therefore, markets for this product are to be produced in the Eastern and Southern African and the Indian Ocean (ESA-IO) region as well as in developed countries in Europe, North American, and Asia. Spirulina has reached a developed stage in the beverages market. In recent years it has witnessed significant growth owing to the growing number of health-conscious consumers, rising disposable income and changing lifestyle. Moreover, growing demand for food supplements and the rising focus on healthy diets to boost the Immune System is further expected to create substantial growth opportunities during the forecast period.

Market Segmentation

The Global Spirulina Beverages market is categorized on the basis of product, Distribution Channel, and region. On the basis of Product Type, the market is segmented into Solid Beverage and Liquid Beverage. On the basis of Distribution Channel Mode Type, the market is segmented into Hypermarket and Supermarket, Online Retail, and Others. Based on region, the market is studied across North America, Asia-Pacific, Europe, and LAMEA. On the other hand, Asia-Pacific is expected to dominate the market during the analysis of the forecast period.

Competitive Landscape

Some of The Key Players in The Spirulina Beverages Market:

  • Algama Foods
  • Prolgae Spirulina Supplies
  • Smart Chimp
  • Tavelmout Corporation
  • Sol-ti (JuiceDelivery, LLC)
  • EuyouAngel
  • Minimalist Baker Recipes
  • Unicorn Superfoods
  • Athletic Greens
  • Nested Naturals Inc.
  • Earthrise spirulina
  • SCOTBIO
  • Cyanotech Corporation
  • now health group Inc.
  • Naturya
  • Other Prominent Players

The Spirulina Beverages Market Report Scope

Report Attribute

Specifications

Market Size Value In 2022

USD 20.0 Million

Revenue Forecast In 2031

USD 44.8 Million

Growth Rate CAGR

CAGR of 4.5 % from 2023 to 2031

Quantitative Units

Representation of revenue in US$ Million and CAGR from 2023 to 2031

Historic Year

2019 to 2022

Forecast Year

2023-2031

Report Coverage

The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends

Segments Covered

By Product Type, By Distribution Channel

Regional Scope

North America; Europe; Asia Pacific; Latin America; Middle East & Africa

Country Scope

U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; The UK; France; Italy; Spain; China; Japan; India; South Korea; South East Asia; South Korea; South East Asia

Competitive Landscape

Algama Foods, Prologue Spirulina Supplies, Smart Chimp, Tavelmout Corporation, Sol-ti (JuiceDelivery, LLC), EuyouAngel, Minimalist Baker Recipes, Unicorn Superfoods, Athletic Greens, Nested Naturals Inc., Earthrise Spirulina, SCOTBIO, Cyanotech Corporation, now health group Inc., Naturya, and others

Customization Scope

Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape.

Pricing and Available Payment Methods

Explore pricing alternatives that are customized to your particular study requirements.

 

Chapter 1. Methodology and Scope

1.1. Research Methodology

1.2. Research Scope & Assumptions

Chapter 2. Executive Summary

Chapter 3. Global Spirulina Beverages Market Snapshot

Chapter 4. Global Spirulina Beverages Market Variables, Trends & Scope

4.1. Market Segmentation & Scope

4.2. Drivers

4.3. Challenges

4.4. Trends

4.5. Investment and Funding Analysis of Key AI in Healthcare Companies

4.6. Industry Analysis – Porter’s Five Forces Analysis

4.7. Competitive Landscape & Market Share Analysis

4.8. Major Investment, Partnerships and Collaborations in Genomics Research

4.9. Impact of Covid-19 on Food & Beverages Market

Chapter 5. Market Segmentation 1: Product Types Estimates & Trend Analysis

5.1. Product Types & Market Share, 2020 & 2028

5.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2020 to 2028 for the following Product Types:

5.2.1. Solid Beverage

5.2.2. Liquid Beverage

Chapter 6. Market Segmentation 1: Distribution Channel Estimates & Trend Analysis

6.1. Distribution Channel Type & Market Share, 2020& 2028

6.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2020 to 2028 for the following Distribution Channel Type:

6.2.1. Hypermarket and Supermarket

6.2.2. Online Retail

6.2.3. Others

Chapter 7. Spirulina Beverages Market Segmentation 3: Regional Estimates & Trend Analysis

7.1. North America

7.1.1. North America Spirulina Beverages Market revenue (US$ Million) estimates and forecasts by Product, 2020-2028

7.1.2. North America Spirulina Beverages Market revenue (US$ Million) estimates and forecasts by Distribution Channel, 2020-2028

7.1.3. North America Spirulina Beverages Market revenue (US$ Million) estimates and forecasts by country, 2020-2028

7.2. Europe

7.2.1. Europe Spirulina Beverages Market revenue (US$ Million) by Product, 2020-2028

7.2.2. Europe Spirulina Beverages Market revenue (US$ Million) by Distribution Channel, 2020-2028

7.2.3. Europe Spirulina Beverages Market revenue (US$ Million) by country, 2020-2028

7.3. Asia Pacific

7.3.1. Asia Pacific Spirulina Beverages Market revenue (US$ Million) by Product, 2020-2028

7.3.2. Asia Pacific Spirulina Beverages Market revenue (US$ Million) by Distribution Channel, 2020-2028

7.3.3. Asia Pacific Spirulina Beverages Market revenue (US$ Million) by country, 2020-2028

7.4. Latin America

7.4.1. Latin America Spirulina Beverages Market revenue (US$ Million) by Product, (US$ Million)

7.4.2. Latin America Spirulina Beverages Market revenue (US$ Million) by Distribution Channel, (US$ Million)

7.4.3. Latin America Spirulina Beverages Market revenue (US$ Million) by country, (US$ Million) 2020-2028

7.5. Middle East & Africa

7.5.1. Middle East & Africa Spirulina Beverages Market revenue (US$ Million) by Product, (US$ Million)

7.5.2. Middle East & Africa Spirulina Beverages Market revenue (US$ Million) by Distribution Channel, (US$ Million)

7.5.3. Middle East & Africa Spirulina Beverages Market revenue (US$ Million) by country, (US$ Million) 2020-2028

Chapter 8. Competitive Landscape

8.1. Major Mergers and Acquisitions/Strategic Alliances

8.2. Company Profiles

8.2.1. Algama Foods

8.2.2. Prolgae Spirulina Supplies

8.2.3. Smart Chimp

8.2.4. Tavelmout Corporation

8.2.5. Sol-ti (JuiceDelivery, LLC)

8.2.6. EuyouAngel

8.2.7. Minimalist Baker Recipes

8.2.8. Unicorn Superfoods

8.2.9. Athletic Greens

8.2.10. Nested Naturals Inc.

8.2.11. Earthrise spirulina

8.2.12. SCOTBIO

8.2.13. Cyanotech Corporation

8.2.14. now health group Inc.

8.2.15. Naturya

8.2.16. Other Prominent Player

Global Spirulina Beverages Market Segmentation

Global Spirulina Beverages Market by Product Type

  • Solid Beverage
  • Liquid Beverage

Spirulina Beverages Market

Global Spirulina Beverages Market by Distribution Channel Mode

  • Hypermarket and Supermarket
  • Online Retail
  • Others

Global Spirulina Beverages Market Based on Region

Europe

  • U.K.
  • Germany
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe

North America

  • U.S.
  • Canada

Asia Pacific

  • India
  • China
  • Japan
  • South Korea
  • Australia & New Zealand

Latin America

  • Brazil
  • Mexico
  • Rest of Latin America

Middle East & Africa

  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

 

InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.

Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.

Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.

Secondary research

The secondary research sources that are typically mentioned to include, but are not limited to:

  • Company websites, financial reports, annual reports, investor presentations, broker reports, and SEC filings.
  • External and internal proprietary databases, regulatory databases, and relevant patent analysis
  • Statistical databases, National government documents, and market reports
  • Press releases, news articles, and webcasts specific to the companies operating in the market

The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista

Primary Research:

Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies

The contributors who typically take part in such a course include, but are not limited to: 

  • Industry participants: CEOs, CBO, CMO, VPs, marketing/ type managers, corporate strategy managers, and national sales managers, technical personnel, purchasing managers, resellers, and distributors.
  • Outside experts: Valuation experts, Investment bankers, research analysts specializing in specific markets
  • Key opinion leaders (KOLs) specializing in unique areas corresponding to various industry verticals
  • End-users: Vary mainly depending upon the market

Data Modeling and Analysis:

In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.

The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.

To know more about the research methodology used for this study, kindly contact us/click here.

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Frequently Asked Questions

How big is the Spirulina Beverages Market Size?

The Spirulina Beverages Market is expected to grow at a 9.5 % CAGR during the forecast period for 2023-2031.

Algama Foods, Prologue Spirulina Supplies, Smart Chimp, Tavelmout Corporation, Sol-ti (JuiceDelivery, LLC), EuyouAngel, Minimalist Baker Recipes, Unic

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